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Question...

Should we get insurance from private companies

Answer...

All insurance companies are regulated by Insurance Regulatory and Development Authority of India (IRDA). The laws govering to all insurance compaines are smilar. There is enough transparency in a private sector companies also and the trust which you can have in a private sector bank you can have it in a private insurance company.

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Date : Jun 14, 2009

Question

Should we get insurance from private companies

Answer

All insurance companies are regulated by Insurance Regulatory and Development Authority of India (IRDA). The laws govering to all insurance compaines are smilar. There is enough transparency in a private sector companies also and the trust which you can have in a private sector bank you can have it in a private insurance company.